Nwam LLC Purchases 14,666 Shares of RTX Corporation $RTX

Key Points

• Nwam LLC more than doubled its RTX holdings in the second quarter, purchasing 14,666 additional shares for a total of 27,340 shares valued at approximately $5.19 million. Institutional investors collectively own 86.5% of RTX.
• RTX exceeded quarterly expectations, reporting $1.89 in earnings per share and $24.71 billion in revenue, with year-over-year revenue growth of 14.5%. The company issued fiscal 2026 EPS guidance of $7.10 to $7.25.
• RTX declared a quarterly dividend of $0.73 per share, equivalent to a 1.4% annual yield, while analysts maintain a consensus “Moderate Buy” rating with an average price target of $228.59. Several executives sold shares during the quarter.

Nwam LLC raised its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 115.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,340 shares of the company's stock after purchasing an additional 14,666 shares during the quarter. Nwam LLC's holdings in RTX were worth $5,187,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RTX. BlackRock Inc. purchased a new stake in RTX in the second quarter valued at approximately $20,970,571,000. Norges Bank purchased a new position in RTX in the 4th quarter worth approximately $3,167,626,000. Auto Owners Insurance Co increased its holdings in shares of RTX by 24,730.9% in the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company's stock worth $1,852,882,000 after buying an additional 10,062,269 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of RTX in the 2nd quarter worth $1,456,256,000. Finally, Legal & General Group Plc purchased a new stake in shares of RTX during the 2nd quarter valued at $1,267,256,000. Institutional investors own 86.50% of the company's stock.

Insiders Place Their Bets

In other news, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares in the company, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 29,222 shares of company stock valued at $6,362,003 in the last quarter. Insiders own 0.10% of the company's stock.

RTX Stock Performance

Shares of RTX stock opened at $208.17 on Tuesday. The company has a market capitalization of $280.56 billion, a P/E ratio of 36.65, a PEG ratio of 2.52 and a beta of 0.29. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The stock has a 50 day moving average price of $206.67 and a two-hundred day moving average price of $196.03.

RTX (NYSE:RTX - Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion for the quarter, compared to analysts' expectations of $22.89 billion. During the same quarter last year, the business earned $1.56 earnings per share. The business's revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX's dividend payout ratio (DPR) is 51.41%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s reported $289 billion backlog is predominantly tied to commercial aerospace. Continued strength in commercial aviation could support production growth, cash generation and financial flexibility, allowing RTX’s defense business to avoid or exit unprofitable contracts. RTX's $289 Billion Backlog Is Mainly Commercial, Not Defense. Here's Why That Split Is the Real Story.
• Neutral Sentiment: A Zacks review noted that RTX fell more than the broader market in the latest trading session. The article did not identify a new earnings miss or material operational setback, suggesting the move may reflect market conditions, sector positioning or profit-taking after the stock’s strong run. Here's Why RTX Fell More Than Broader Market
• Negative Sentiment: RTX trades at a relatively elevated earnings multiple following substantial gains over the past year, which can increase sensitivity to broad-market pullbacks when no fresh positive catalyst is present.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on RTX. UBS Group lifted their price objective on shares of RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. TD Cowen raised their price target on RTX from $225.00 to $240.00 and gave the company a "buy" rating in a research report on Monday, July 27th. Citigroup reaffirmed a "buy" rating on shares of RTX in a research note on Wednesday, June 17th. Argus set a $245.00 price objective on RTX in a research report on Thursday, July 30th. Finally, Wells Fargo & Company raised their price objective on RTX from $200.00 to $230.00 and gave the company an "equal weight" rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $228.59.

RTX Company Profile

RTX NYSE: RTX is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX's operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

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